The Central Statistics Office will put out the growth estimates for the fourth quarter and for 2017-18 on May 31.It pegged FY18 GDP growth at 6.6%, which would suggest growth of 7.1% in the last quarter.

In 2017-18, the economy is forecast to grow 6.7% due to short-term disruptions from the newly introduced GST. The country’s Central Statistics Office (CSO) estimates the economy to grow 6.5% in 2017-18, marginally below the World Bank projections.

Even as the country's industrial output growth slowed in September, key segments such as the manufacturing sector remained firm which prompted economists to say they expect growth to pick up in the months ahead.

Three-Wheelers (including passenger and goods carrier) have registered high negative growth of 24.5 percent. As per Use-based classification, the growth rates in February 2017 over February 2016 are 2.4 percent in Basic goods, (-) 3.4 percent in Capital goods and (-) 0.2 percent in Intermediate goods.

"The performance of the index reflects depressed investment outlook for the industry and any such slowdown continuing for a longer period of time would have serious implications on the employment front," Ficci Secretary General A Didar Singh said.

Dheeraj Hinduja, chairman at India’s second largest truck maker Ashok Leyland, prefers a low profile, but with managing director Vinod Dasari leaving at the end of the month, he says he’s become more “hands-on”.